Aite Group Names Majesco the Top “Best-in-Class” Vendor in the P&C Policy Administration Aite Matrix Report
“Majesco has a robust platform that can meet the current needs of most carriers but that can also evolve with the changing P&C insurance world. The modern architecture of Majesco Policy for P&C with the cloud-enabled, open-API platform, depth of out-of-the-box content, and growing partner ecosystem drives the speed to value for their customers,” says Aite Senior Analyst
Out of the 14 vendors evaluated, Majesco had the highest overall score of all vendors in the survey, achieving best in class scores in three of four categories evaluated – vendor stability, client strength, and product features. In the latter two categories, Majesco achieved the highest scores among participating vendors. In the report, Aite Matrix Evaluation: P&C PAS Vendors’,
“Majesco continues to redefine the next generation of solutions that are helping insurers transform complexity, create innovation, and meet the demands of speed in a new era of insurance,” commented Majesco CEO
Some of the capabilities highlighted by
- The exceptionally strong product features drove the high score highlighting the solutions ability to solidly perform the “day to day,” but having the capacity to help insurers grow and evolve in an ever-changing landscape.
- The intuitiveness of the solution helps drive operational efficiency.
- The solution hits the “sweet spot” of strong technology that is accessible and usable for business staff.
- Majesco’s continued investment and growth provides assurance of stability and forward-thinking, making it a sound, strategic choice.
“We are honoured to be recognized by
For more information, view the
About Majesco
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Majesco’s reports that it files from time to time with the
Important factors that could cause actual results to differ materially from those described in forward-looking statements contained in this press release include, but are not limited to: integration risks; changes in economic conditions, political conditions, trade protection measures, licensing requirements and tax matters; technology development risks; intellectual property rights risks; competition risks; additional scrutiny and increased expenses as a result of being a public company; the financial condition, financing requirements, prospects and cash flow of Majesco; loss of strategic relationships; changes in laws or regulations affecting the insurance industry in particular; restrictions on immigration; the ability and cost of retaining and recruiting key personnel; the ability to attract new clients and retain them and the risk of loss of large customers; continued compliance with evolving laws; customer data and cybersecurity risk; and Majesco’s ability to raise capital to fund future growth.
These forward-looking statements should not be relied upon as predictions of future events and Majesco cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Majesco or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Majesco disclaims any obligation to publicly update or release any revisions to these forward- looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191205005625/en/
+1 920 410 0246
[email protected]
Source: Majesco
Guidewire Software Announces First Quarter Fiscal Year 2020 Financial Results
Rising Prices Drive Up Health Spending, Even As Use Remains Steady
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News